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Lease Non-Disturbance Agreement Clause

Book Publication Date: Oct 2012
Description: Sample clause for a small commercial lease providing for an SNDAA (subordination, non-disturbance and attornment agreement) to protect tenant and bank in case the property is encumbered by another mortgage that gets foreclosed upon.
Type: Contract Clauses
PLI Item #: 48847
Practice Area: Commercial real estate, Dispute resolution, Litigation, Negotiation (Dispute resolution), Professional development, Real estate, Real estate leasing, Real property

Keywords: real estate; lease; commercial lease; landlord; tenant; SNDAA; subordination, non-disturbance and attornment agreement; foreclosure; mortgage

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